Latin America

Outside of the Asia Pacific, Brazil remains a key market globally. Reflecting the current economic situation electronics output is forecast to decline by a further 18% in 2016 but the fall could be more pronounced if the economic and political crisis worsens during the second half of the year. Conditions are expected to improve over the period to 2019 as growth returns and the currency stabilizes.

The Mexican Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Mexico.

An uptick in consumption is expected to drive the Mexican economy over 2015, which will see it become one of thebetterperformers in Latin America.This has spillover effects for theconsumer electronicsindustry, which stands to benefit from higher levels of spending. Computer sales will drive the market over the next five years, as adoption remains less than 50% across the country.Particularareas of opportunity include tablet and hybrid notebooks, smartphones and digital TV set upgrades. The focus of a wider range of international vendors will give consumers wider choice and put downward pressure on device prices, helping to deepen the market, particularly as currency performance strengthens. While Latin American currencies are expected to depreciate against the US dollar over 2015, Mexico will largely be spared from this trend, bolstering consumer purchasing power.

This report examines Latin America’s electronics industry in light of its industrial development, markets and economic growth, which is attracting investments from global electronics companies. The report focuses on the major markets: Brazil, Mexico, Argentina, Chile, Colombia, Venezuela, Peru and Ecuador, which between them represent three-quarters of Latin America’s gross domestic product (GDP). The information in this report is based on reliable secondary sources, including research organizations, governmental agencies and trade associations.